* Revenue, Gross Profit, Net Profit, Cash Flow are based on
Monthly
average

***NOT included in asking price

Reason To Sell

Selling due to shortage of manpower.

Business Description

Rare opportunity, super low takeover fee reduced from 29k to sell off shop by end of March, so that new buyer can start on April. Accepting offers until last week of March, offer will be awarded to the highest bidder. Alternatively, buyer can issue cheque of 50% of agreeable takeover fee and the offer will be awarded immediately.

New HDB blocks are opening soon and 2 schools are nearby. Spacious retail space of 250 sqft and super low rental of 804 direct with HDB, utility of 210 and Town Council of 67, with attached toilet and can apply for LOC to employ. The lease with HDB is until 1st July 2018.

Due to serious manpower shortage resulting short off-peak operating hours (Monday to Friday, 1230pm to 530pm), very limited stock (not selling breads, newspapers, etc) and marketing, the daily sales is low (so the super low takeover fee). The shop has great potential for sales, with better operating hours, variety of stocks and marketing. Selling off the shop due to serious manpower shortage (not able to commit to the operating hours) and want to focus on other businesses.

Please note that the shop is lease after 16 Oct 2013, so the takeover will be involve the transfer of partnership as assignment is not allowed to maintain the low rental from HDB, so ONLY contact me if you alright with the arrangement.

Please visit the shop during the operating hours (Monday to Friday, 1230pm to 530pm).

Few offers are in the negotiation, please contact me quickly to make an offer!

KK: 8668 5650 (WhatsApp or SMS only)

Business Operations

Staff:

Not Disclosed

Property Information

Premise Status:

Rent

Rental Fee:

SGD804

Rental Deposit:

SGD804 (NOT included in selling price)

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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